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Hudson's Bay Co. T.HBC


Primary Symbol: HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Post by Bookendson Nov 27, 2019 10:34am
178 Views
Post# 30397817

Can they both vote down their offer?

Can they both vote down their offer?Meaning, can Baker vote down a potential offer from Catalyst and vice versa?

In which case we can be on standstill and the stock might still plummet... Assuming both parties are too stubborn to concede.

Do you guys think the parties could work with one another? Catalyst seems opened to working with other shareholders, possibly Baker himself.

Maybe a shotgun clause offer would be something to get them out of that jam.

In any case, Catalyst's offer is technically an hostile one. Watch the board say that the 10.3$ offer is more beneficial to the minority shareholders than the 11$ offer. They will blame the financing uncertainty. Lol, that board is just pathetic.


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